Candygram...................
SunnComm International and MediaMax Technology Sign Definitive Merger Agreement
PHOENIX, AZ — June 13, 2005 — SunnComm International (OTC: SCMI), creator of MediaMax™, America’s most accepted and best selling enhancement and content protection technology for CDs and MediaMax Technology Corporation (OTCBB: MMXT), are pleased to announce that they have signed a definitive merger agreement.
SunnComm’s Board of Directors has approved the specific terms of the agreement and plan for the proposed merger to take place as soon as possible. The definitive merger agreement was signed this past weekend. The definitive merger agreement will be available for review by shareholders and other interested parties in the MediaMax Technology Corp. Form 8-K filing related to this material event within the next few days.
As required, a consolidated financial statement of SunnComm International, Inc. and MediaMax Technology Corp. will be audited for the filing of an S-4 registration statement with the SEC. Both companies anticipate an exchange ratio of one share of MediaMax Technology common stock for each share of SunnComm common stock outstanding, subject to an independent expert’s fairness opinion. The combined organization will be named MediaMax Technology Corporation with the stock symbol (OTCBB: MMXT).
Peter H. Jacobs, SunnComm’s president states, “SunnComm shareholders have been waiting a long time for their company to elevate itself to fully reporting status. Our move to the OTC Bulletin Board (and subsequently to a major exchange) comes at a time when MediaMax enjoys marketplace acceptance and accelerating revenues. It is my opinion that our timing couldn’t be better. Everyone at SunnComm looks forward to integrating all aspects contributing to the success of MediaMax.”
MediaMax Technology Corp. currently has an exclusive marketing agreement with SunnComm International, Inc. to sell MediaMax - America’s best selling audio CD copy management and enhancement technology. Both companies earn royalties every time a CD is manufactured containing the proprietary copy management and enhancement software.
ABOUT MEDIAMAX TECHNOLOGY CORPORATION
MediaMax Technology Corporation (OTCBB: MMXT), formerly QuietTiger, Inc. (OTCBB: QTIG) with its international reach, implements the delivery of digital content security products for the music and entertainment industry. With established long-term industry contacts throughout the world, the company understands the challenges surrounding digital content management and protection. The MediaMax Technology team of professionals has spent more than 50 years in the music and movie industry. MediaMax Technology (www.mediamaxtechnology.com) is the exclusive sales and marketing arm for SunnComm’s MediaMax suite of products.
For additional information about the company, its vision, philosophy, partners, and customers, please visit the Company’s Web site at www.mediamaxtech.com or contact:
Company Contact:
Scott Stoegbauer
602-267-3800
scotts@mediamaxtechnology.com
Investor contact:
Investor Relations
602-231-0681
press@mediamaxtechnology.com
